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GS - 3rd Gen (2006-2011) Discussion about the 2006+ model GS300, GS350, GS430, GS450H and GS460

Trade in value?

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Old Sep 13, 2007 | 09:09 AM
  #1  
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tuthman
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Default Trade in value?

I have an 07 GS350 with navi and ML and it is GFM with ash interior. I may trade it to do some car swaping and wandered what might be a reasonable trade value.
It has about 10,500 miles.

What about private party price?

Thanks!
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Old Sep 13, 2007 | 10:48 AM
  #2  
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Use www.edmunds.com and www.kbb.com to figure out the value for your car in your area. Both sites have very detailed appraisal tools that allow you to enter all the equipment you have on the car, as well as the car's condition.

If you have CarMax chain store anywhere in your area, you should take it there to get appraised. It has been my experience that you'd get a lot better trade in value from CarMax than from other dealers.

Trading in or selling in private sale a luxury car that's only about a year old, and getting a good value for it is going to be extremely tough. Figure loosing about 15-20% of the value (where value is defined as the dealer invoice price).

Good luck.
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Old Sep 13, 2007 | 02:00 PM
  #3  
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I just got back from a dealership and they said they would give 34,000 to 36,000 for my car. Yeh, right!

Not going to think about that anymore!
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Old Sep 13, 2007 | 05:16 PM
  #4  
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I got screwed on my ES trade w/the dealership, but I had neither the time nor the inclination to go private.
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Old Sep 14, 2007 | 04:03 PM
  #5  
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Originally Posted by tuthman
I have an 07 GS350 with navi and ML and it is GFM with ash interior. I may trade it to do some car swaping and wandered what might be a reasonable trade value.
It has about 10,500 miles.

What about private party price?

Thanks!
I sold my 2000 gs400 on craigslist.com within a week. i had a copy of a certified check faxed to me and the guy never even saw my car or anything before either...this is a vehicle that had 135K miles on it too and i got more than full retail value for it (had some mods done to it and new tires/tint...).
its a free posting. so, it doesn't hurt to try it out...
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